WASHINGTON (dpa-AFX) - The major U.S. averages were higher for much of Wednesday's trade but a late slump saw them finish under water.The Dow dipped 13.96 points or 0.03 percent to finish at 52,305.24, coming off a record closing high. The NASDAQ sank 173.69 points or 0.66 percent to close at 26.04…
Australian shares were likely to slip on Thursday, with probable losses in mining stocks due to lower iron ore prices, while energy stocks could snap a four-day win streak as oil prices weakened on optimism over U.S.-Iran peace talks.The local share price index futures (YAPcm1) fell 0.3%, a 35.9-po…
The S&P 500 and Nasdaq ended lower on Wednesday as investors rotated out of technology and chipmaker stocks in favor of more economically-sensitive stocks, while the Dow Jones ended flat.The S&P 500 fell 0.2%, while the Nasdaq 100 eased 1.5% and the Dow Jones Industrial Average ended flat. The Russ…
The second quarter of 2026 will likely be remembered as one of the strongest periods for U.S. equities in recent memory.Despite ongoing concerns surrounding inflation, interest rates, and geopolitical uncertainty, investors continued to pour money into stocks as corporate earnings exceeded expectat…
By Caroline Valetkevitch and Niket NishantU.S. stocks finished slightly lower on Wednesday as technology shares fell, but gains in Meta Platforms limited the decline in the S&P 500 and Nasdaq.Chipmakers were among the biggest drags on the S&P 500 and Nasdaq, with an index of semiconductors NASDAQ:S…
By Paul R. La MonicaTechnology was the market's darling in the second quarter, helping the S&P 500 generate a nearly 10% return through the first half of the year. The next stretch is looking tougher. While we wouldn't abandon tech, there may be better values and sector performance elsewhere for th…
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world edged lower to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have fallen but policy won't be loose, while oil prices fell as optimism over U.S.-Iran talks eased supply concerns.Tr…
By Jack Pitcher and Shradha DineshStrong manufacturing data and commentary from new Federal Reserve Chairman Kevin Warsh boosted economically sensitive stocks Wednesday.At a conference in Portugal, Warsh dodged questions about whether an interest-rate hike is in the cards this month but said that i…
By Anvee BhutaniU.S. stocks were modestly lower Wednesday as investors parsed comments from Federal Reserve Chairman Kevin Warsh for clues about the path of interest rates.The Dow Jones Industrial Average fell 13.96 points, or 0.03%, to 52305.24. The S&P 500 slipped 16.13 points, or 0.22%, to 7483…
By Elias SchisgallTwo exchange-traded funds offered by BlackRock will be offered among the investment options for the Trump administration's Trump Accounts for children.The U.S. Treasury on Wednesday said the accounts' investment options would include BlackRock iShares ETFs tracking the S&P 500 and…
The Ibovespa fell 0.2% to close at 171,689 on Wednesday as investors reacted to a new presidential election poll and fresh manufacturing data.An AtlasIntel/Bloomberg survey showed President Lula holding a 6.5-point lead over Flávio Bolsonaro in a hypothetical runoff, reinforcing expectations of a f…
The Dow Jones Index rose 31 points or 0.06 percent on Wednesday to close at 52350 points.Leading the gains are Nike (5.07%), Salesforce (4.56%) and Microsoft (3.05%).Top losers were Caterpillar (-6.77%), Walmart (-3.88%) and Merck (-2.44%).
EXTON, Pa., July 1, 2026 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE:WST), a global leader in innovative solutions for injectable drug administration, today announced the company completed the sale and transfer of the manufacturing and supply rights for SmartDose® 3.5mL On-Body Deliver…
By Callum Keown, Kit Norton, and Connor SmithStocks traded sideways Wednesday. Chip and artificial intelligence stocks were a big drag on the major indexes. Federal Reserve Chairman Kevin Warsh declined to say whether an interest-rate hike would be announced at the central bank's meeting in July.Pr…
AppFolio CEO Shane Trigg Named Chairman
By Heard on the Street StaffThis is an edition of the Markets P.M. newsletter, a recap of the day's most important markets moves, delivered after the closing bell. If you're not subscribed, sign up here.What Happened in Markets TodayA famed short seller increased his bets against the AI boom. Mich…
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Candel Therapeutics Inc NASDAQ:CADL:
US equity indices closed lower on Wednesday as investors reassessed the sustainability of the AI-driven rally.The S&P 500 fell 0.2%, while the Nasdaq 100 dropped 1.5%, pressured by a sharp selloff in semiconductor stocks.Major chipmakers led the decline as concerns persisted that AI-related investm…
INVESTORS ROTATE INTO BANKS, SOFTWARE AS CHIP STOCKS TAKE A BREATHERThe main U.S. indexes ended modestly red in choppy trading on Wednesday as investors parsed Federal Reserve Chair Kevin Warsh's comments that inflation risks had eased.Warsh also said he will stick firmly to the U.S. central bank's…
